Balance September 1-$17,090; Cash deposited-$64,000 Balance September 30-$18,290; Checks written-$62,800 written-$ The September bank statement shows a balance of $17,190 at September 30 and the following memoranda.
Balance September 1-$17,090; Cash deposited-$64,000 Balance September 30-$18,290; Checks written-$62,800 written-$ The September bank statement shows a balance of $17,190 at September 30 and the following memoranda.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
![This information relates to the Cash account for Cullumber Company.
Balance September 1-$17,090; Cash deposited-$64,000
Balance September 30-$18,290; Checks written-$62,800
The September bank statement shows a balance of $17,190 at September 30 and the following memoranda.
Credits
Collection of electronic funds transfer
Interest earned on checking account
$1,990
50
Debits
NSF check: H. Kane
Safety deposit box rent
$720
65
At September 30, deposits in transit were $4,903 and outstanding checks totaled $2,548.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F24857408-4cf7-4c17-80bf-f9c9ac3a352c%2Fdd0c947d-0b2c-46c4-bd89-e2a9a4192932%2F68b7ipm_processed.jpeg&w=3840&q=75)
Transcribed Image Text:This information relates to the Cash account for Cullumber Company.
Balance September 1-$17,090; Cash deposited-$64,000
Balance September 30-$18,290; Checks written-$62,800
The September bank statement shows a balance of $17,190 at September 30 and the following memoranda.
Credits
Collection of electronic funds transfer
Interest earned on checking account
$1,990
50
Debits
NSF check: H. Kane
Safety deposit box rent
$720
65
At September 30, deposits in transit were $4,903 and outstanding checks totaled $2,548.
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